As part of action 2.5 of the Energy Package announced in October 2025, the Government is strengthening the regulatory framework for managing dry-year risk in New Zealand’s electricity system. The strengthened framework will clarify roles, provide more timely information, improve tools and ensure enduring incentives for participants to respond to evolving dry-year risk.
The Offshore Renewable Energy Act 2026 came into effect in July 2026 and supports the development of offshore renewable energy projects, such as offshore wind farms.
This page outlines the methodology for the Modelled Territorial Authority Gross Domestic Product estimates of annual GDP estimates for 66 territorial authority areas and 18 industry groups.
The Modelled Territorial Authority Gross Domestic Product (MTAGDP) estimates have been developed from Stats NZ Regional GDP estimates. They provide information at the territorial authority area level so that we can better understand local economies and industries.
Territorial authorities include both district councils and city councils. Some of these councils are unitary authorities, which also have the duties and powers of a regional council (Auckland Council, and Nelson City Council, for example).
The Modelled Territorial Authority Gross Domestic Product (MTAGDP) estimates have been developed from Statistics NZ Regional GDP estimates. They provide information at the territorial authority area level so that we can better understand local economies and industries.
The experimental Modelled Territorial Authority Gross Domestic Product (MTAGDP) allocates GDP values to second-tier local government administrative boundaries—namely, territorial authorities—based on Stats NZ’s Regional GDP estimates.
The experimental Modelled Territorial Authority Gross Domestic Product (MTAGDP) allocates GDP values to second-tier local government administrative boundaries - namely, territorial authorities - based on Stats NZ’s Regional GDP estimates.